Italian firm goes nuts for Nash manufacturing plant
Posted December 19, 2013
Rocky Mount, N.C. — An Italian company that makes nut-based spreads, creams and fillings plans to open a manufacturing plant in Nash County, creating 56 jobs, officials said Thursday.
Nutkao USA, Inc. expects to invest $7.3 million in the Rocky Mount facility over the next three years, officials said.
“The USA venture is a key step for Nutkao International development," Davide Braida, president of Nutkao USA, said in a statement. "We are happy to build our new manufacturing operation in Nash County where, thanks to the local authorities’ support, we have identified the ideal conditions to run our USA business."
Nutkao produces hazelnut butter spreads, cocoa and cocoa/nut spreads, and milk and dark chocolate spreads. It also plays a significant role in the Italian market of semi-finished products for the sweet industry, including liquid chocolate, chocolate drops and spreads.
The average salary at the plant will be $35,790, plus benefits. The Nash County average annual wage is $35,450.
The company qualified for a grant of up to $210,000 from the One North Carolina Fund, which provides financial assistance to attract business projects to the state. Companies receive no money up front and must meet job and investment targets to obtain the funds, which are matched by local sources.